QCsolver Inc.’s Post

Maverick Spending It is amazing how much money is spent where there might not be a lot of control or accountability. Here is a hint. Look at page 2 in this summary and you will see that if you have too many suppliers that are supplying similar products to different areas then maybe this is an excellent place to start to look for efficiencies.

Maverick Spending It is amazing how much money is spent where there might not be a lot of control or accountability. Here is a hint. Look at page 2 in this summary and you will see that if you have too many suppliers that are supplying similar products to different areas then maybe this is an excellent place to start to look for efficiencies.

Decision Makers in #Manufacturing Businesses- with and without #installation as scope of deliverables - What are your #Key #Drivers at Cost of Goods sold level ( #COGS) ?? Conventional wisdom considers Gross Margin as factor of Sales , and Cost of goods sold ( COGS ) in totality. This may be fine to some extent in a standard trading business, or service industry where the drivers of COGS are not many . In manufacturing , this can lead to incorrect decisions, as many drivers in COGS can get overlooked. These drivers , are from the #Business and then tracking in #finance. We can debate on too less or too many drivers eternally . Drivers depend upon the business you are into. The manufacturing business needs to have many drivers to manage the financial benchmarks and ensuring financial productivity of a plant and the manufacturing process itself, especially if it involves #installation at the #client #site from the batching plant . The team which is doing the analysis and then influencing the decisions, needs to have the will to go deep dive in these drivers, and find commercial value in it . ( which is always there ) . For a manufacturing business, one can achieve significant #savings and #efficiency at the COGS by doing cost optimization, value substitution of raw materials , product mix and improving the drivers . Such examples are galore. We can bring real cost reduction in COGS in any business , if we believe we can. #Innovation #Cost #optimization #Substitution #Product #mix

We specialize in designing custom pricing models that offer competitive rates and ensure profitability through operational efficiency. Don't let your margins be cannibalized by cost overruns. Gain control and exceed expectations with Continuum. Contact us now to learn more: #LogisticsPricing #PricingStrategy  

Navigating Pricing: Striking the Right Balance for Small Manufacturers In the ever-evolving landscape of small manufacturing, pricing strategy plays a crucial role. The question arises: Can we fine-tune our pricing approach to stay ahead in the market while ensuring profitability? Absolutely, and it's all about finding that sweet spot. By conducting a thorough market analysis, we can understand the competitive landscape and customer preferences. Armed with this knowledge, we can adjust our pricing strategy to remain attractive to customers while maximizing profitability. Moreover, adopting a value-based pricing approach allows us to align prices with the perceived value of our products or services. This enables us to justify premium pricing, capturing higher margins without compromising competitiveness. Innovation also plays a key role. Exploring options like bundled offerings, tiered pricing, and subscription models provides opportunities to enhance value perception and diversify revenue streams. In essence, re-evaluating our pricing strategy is essential for staying agile and competitive in the small manufacturing sector. By striking the right balance between competitiveness and profitability, we can navigate the market dynamics effectively and secure long-term success. #operations #operationalexcellence #growth #msme #pricing #Laygrow

Sophisticated Blocking & Tackling Achieves $5mm in Annual Savings Logistics company saves more than $5M on packaging supply costs - Expense Reduction Analysts What if I told you a 250 location national footprint Logistics company worked with ERA to centralize their Packaging Consumables spend and we streamlined their vendor profile (helping AR and AP save valued time), but also produced $5,000,000 in hard dollar SAVINGS per year. Would that be a great outcome? What business / expense challenge can we tackle on your behalf?

Navigating pricing complexities can be challenging, but here are several effective strategies that manufacturers can employ to streamline the process and drive success.

Navigating pricing complexities can be challenging, but here are several effective strategies that manufacturers can employ to streamline the process and drive success.

How does Inventory impact the value of a Business?

Navigating pricing complexities can be challenging, but here are several effective strategies that manufacturers can employ to streamline the process and drive success.